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SPCX & AMZN..
Investor summaryNeutral
Author questions why SpaceX and Amazon share similar market caps despite Amazon's higher revenue and satellite business.
Bull points
- Amazon's revenue is close to $1T and it has a satellite business to capture industry value.
Bear points
- SpaceX's stock momentum and growth expectations are vastly outpacing Amazon's historical performance.
Post body
SpaceX’s CEO Musk has stated that they might reach 1T revenue in 4-5yrs. Amazon is already close to doing this. Yet, SpaceX & Amazon now have almost the same Market Cap. SpaceX stock has gained about the same% in 2 days as Amazon has gained in the past 5 years. Amazon also has a small sarellite biz of there own, although SpaceX is the leader you would think some of the industry anticipated value would also funnel to AMZN. Help me get the comparison in values.
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